Mitsubishi Pencil to acquire C. Josef Lamy.

Mitsubishi Pencil, a writing instruments manufacturer, agreed to acquire C. Josef Lamy, a designer writing instruments manufacturer. Financial terms were not disclosed. "We have the greatest respect for the history and strength of the LAMY brand. We believe that the vision and corporate culture of Lamy and Mitsubishi Pencil harmonise perfectly. We are also confident that the acquisition of the company Lamy will provide a strong combined platform for future growth and increased shareholder value for both LAMY and Mitsubishi Pencil," Shigehiko Suhara, Mitsubishi Pencil President and CEO.